(Reuters) – Adobe Inc must win European Union antitrust approval for a $20 billion bid for cloud-based design platform Figma, even though the deal falls short of EU revenue estimates, EU regulators said on Wednesday. The European Commission’s move underscores regulators’ concerns about Big Tech buying up smaller, innovative rivals and its effects on competition. The EU’s competition watchdog said Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway and Sweden had asked it to review the agreement. Adobe, the Photoshop…

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